Operation Homeless Inc
- Assets
- $488.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kannapolis, NC
- Founding
- 03/2015
- Data as of
- 12/2022
- EIN
- 38-3906922
Organization Overview
Operation Homeless Inc is located in Kannapolis, NC. The organization was established in 2015. According to its NTEE Classification (P85) the organization is classified as: Homeless Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Operation Homeless Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Operation Homeless Inc generated $120.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.9% each year . All expenses for the organization totaled $96.9k during the year ending 12/2022. While expenses have increased by 5.6% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Stancil President Director | 35 | $7,500 | |
Brandon Stancil Vice President | 20 | $0 | |
Cynthia Gulledge Secretary | 1 | $0 | |
Terry Stancil Treasurer | 5 | $0 | |
Jeff Mcclure Board Member | 10 | $835 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $119,372 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $945 |
| Total Revenue | $120,317 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,125 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $14,989 |
| Printing, publications, postage, and shipping | $475 |
| Other expenses | $69,330 |
| Total expenses | $96,919 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,298 |
| Other assets | $0 |
| Total assets | $488,686 |
| Total liabilities | $2,048 |
| Net assets or fund balances | $486,638 |